ASTARTA reports about it in its interim report.

Sugar sales volumes increased by 58% — to about 223,000 tonnes. The Company continued its strategy of export expansion and delivered 57% of sugar sold to the global markets.

Consolidated revenues of the Company grew by 69% — to EUR 250 million. Net profit stood at EUR 73 million (-4% y-o-y). 

Cash flow from operations increased by 23% to EUR 66 million. Net debt reduced y-o-y by 31% — to EUR 99 million. Exports сontributed 61% of revenues.

Overall sugar exports of white sugar from Ukraine in the 2016/2017 marketing year reached 750,000 tonnes, thus putting the country in the second position (after the EU) among top-exporters of beet sugar globally.

Founded in 1993, «Astarta–Kyiv» is a vertically integrated agro-industrial holding specializing in sugar and agricultural production. It has proven to be a growing, transparent company, as well as a reliable partner and supplier. Agricultural business focuses primarily on the cultivation of sugar beet, grains and oilseeds, the production of sugar and related products (molasses and granulated beet pulp). ASTARTA also has 8 sugar refineries, capacities for soybean processing (soybean processing plant) and biogas production (bio-energy project).